contestada

on 1 april2016 machinery was purchased for 80000.on 1 october 2017 addition were made to the amount of rs 40000 .machinery purchased on 1 october 2017 costing rs 12000 was sold for rs 11000 on 30 june 2019 . machinery purchased on 1 april 2016 costing 32000 was sold for rs 26700 on 30 september on 1 october 2018 addition were made to the amount of rs 20000 . Depreciation was provided at 10%p.a. on the diminishing balance method